347-735-9779
19 Prospect St, South Orange, NJ for Sale
Loft/Creative Space - FOR SALE
1/25
null | Request Cap Rate

19 Prospect St
South Orange, NJ 07079


HIGHLIGHTS

  • Value-add opportunity to acquire a mixed-use, partially occupied office and residential asset and lease out at market rates.
  • Downtown Orange location off Route 510 with speedy access to Garden State Parkway, Interstate 280, and South Orange Train Station.
  • There is ample area for opportunity as the property is approximately 18% occupied by two month-to-month tenants.
  • Walkable downtown district features restaurants, specialty shops, and entertainment venues.
  • Only a half-mile away from Seton Hall University with over 10,000 students and under 40 minutes via train to New York City.
  • In a market with predominately renter-occupied households and high average household incomes in a 2-mile radius of $106,917.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Office/Retail Asset | Downtown South Orange

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B-1

APN/PARCEL ID

19-02014-0000-00004

ASK ABOUT THIS PROPERTY

Konrad KonikKW CommercialMore Info
347-735-9779

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Konrad KonikKW CommercialMore Info
347-735-9779

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